[Form 4] Kellanova Insider Trading Activity

Rhea-AI Filing Summary

Renwick John, Acting Chief Financial Officer of Kellanova (K), reported insider transactions dated 08/18/2025. 6,504 restricted stock units vested and converted into 6,504 shares at a $0 per-share issuance value. On the same date, he disposed of 2,869 shares at $80.02 per share. After these transactions, his direct beneficial ownership is reported as 61,970.6849 shares and he also holds 3,808.213 shares indirectly through a 401(k) profit sharing plan. The Form 4 was signed by an attorney-in-fact on 08/19/2025. The filing discloses share vesting, a contemporaneous sale, and the resulting direct and indirect holdings.

Positive

• Equity alignment: 6,504 restricted stock units vested, increasing the reporting person's ownership and aligning compensation with shareholder outcomes

Negative

• Partial sale disclosed: Disposition of 2,869 shares at $80.02 reduces the reporting person's direct holdings

Insights

Financial Analyst

TL;DR Routine RSU vesting and partial sale by the acting CFO, reflecting standard compensation realization rather than clear directional signal.

The transaction shows 6,504 RSUs vesting and conversion into common shares and a concurrent sale of 2,869 shares at $80.02. The net result leaves the reporting person with 61,970.6849 direct shares plus 3,808.213 indirect shares in a 401(k) plan. For investors, this is a typical executive liquidity event tied to compensation vesting; the filing provides explicit counts and prices but does not include proceeds, tax details, or trading plan references.

Corporate Governance Expert

TL;DR Disclosure meets Section 16 requirements: vesting of equity awards and a reported sale were timely and properly recorded on Form 4.

The Form 4 documents an equity award vesting event (RSUs converted to common stock) and a contemporaneous sale. The form identifies the reporting person and role (Acting Chief Financial Officer) and specifies direct and indirect holdings, including a 401(k) profit sharing plan. The filing is signed by an attorney-in-fact, which is permissible; no amendment or trading plan language is provided in the document.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Renwick John

(Last) (First) (Middle)

412 N. WELLS STREET

(Street)

ILLINOIS IL 60654

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KELLANOVA [ K ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Acting Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common	08/18/2025		M		6,504	A	$0(1)	64,839.6849	D
Common	08/18/2025		F		2,869	D	$80.02	61,970.6849	D
Common								3,808.213	I	By 401(k) Profit Sharing Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/18/2025		M			6,504	08/18/2025	08/18/2025	Common	6,504	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Kellanova common stock.

Remarks:

	/s/ Todd W. Haigh, Attorney-in-fact	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did K (Kellanova) insider Renwick John report on 08/18/2025?

The Form 4 reports 6,504 restricted stock units vested into shares and a sale of 2,869 shares at $80.02 on 08/18/2025.

How many shares does Renwick John beneficially own after the transactions?

The filing reports 61,970.6849 shares owned directly and 3,808.213 shares owned indirectly through a 401(k) profit sharing plan.

What price were the sold K shares transacted at?

The disposition of 2,869 shares was recorded at a price of $80.02 per share.

Were the vested awards restricted stock units (RSUs)?

Yes. The filing explains that each restricted stock unit represents a contingent right to receive one share of Kellanova common stock and 6,504 RSUs vested.

Who signed the Form 4 filing for Renwick John?

The Form 4 was signed by Todd W. Haigh, Attorney-in-fact on 08/19/2025.